Senior Corporate Actuarial Analyst

Johannesburg, Gauteng, South Africa

Job Description


About the job Senior Corporate Actuarial AnalystSenior Corporate Actuarial AnalystMinimum Requirements:

  • Matric (Grade 12)
  • University degree in Actuarial Science or a related field.
  • Evidence significant exam progress towards qualifying as an actuary.
  • Proficiency in English
  • Effective intermediate oral and written communication, interpersonal skills
  • At least five years of relevant work experience
  • Ability to extract and summarise data
  • Experienced user of reserving and capital modelling software e.g., Psicle, Igloo, ResQ, etc.
  • Experienced in delivering work within timelines demanded by corporate reporting calendar
Responsibilities:
  • Extract, collate and transform data.
  • Prepare and upload into software.
  • Run models, export results, and collate reports, while adhering to all process governance and quality assurance requirements.
  • Prepare quarterly reserve and profitability review reports. Present findings at relevant governance meetings chaired by CFO.
  • Participate and support team and chair with meeting preparation and administration.
  • Set agendas, record, and distribute actions.
  • Support various Finance and other business functions e.g., reinsurance, investment, capital, etc.
  • Extract, collate and transform data.
  • Prepare and upload into software.
  • Run models, export results, and collate reports, while adhering to all process governance and quality assurance requirements.
  • Prepare quarterly and annual; solo and group; qualitative and quantitative regulatory returns.
  • Help compile and prepare the companys Own Risk and Solvency Assessment (ORSA).
  • With specific responsibility for the Risk Tolerance Statement, Stress and
  • Scenario Testing, and Solvency Projections.
  • Participate in the calculation of Company Solvency Capital Requirement, reviewing Companies Asset-Liability
  • Management and the risk-based allocation of capital to the various business units.
  • Prepare and present results to the Capital Forum chaired by the CFO.
  • Contribute various analyses as part of the annual planning cycle in the Company.
  • These include calculation of inflation projections, calibration of large loss thresholds, appropriate loadings for large, catastrophe and
weather claims, as well as reinsurance programme costing. * Support the annual reinsurance programme renewal with various analyses and data extractions.
  • Have experience working within IFRS17 requirements, with a working knowledge of the standard, and relevant actuarial concepts, methods, and techniques.

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Job Detail

  • Job Id
    JD1337503
  • Industry
    Not mentioned
  • Total Positions
    1
  • Job Type:
    Full Time
  • Salary:
    Not mentioned
  • Employment Status
    Permanent
  • Job Location
    Johannesburg, Gauteng, South Africa
  • Education
    Not mentioned